Media reports, unconfirmed by the airline, have stated that Virgin Atlantic is heading for record losses of as much as £135 million. The loss may results in job cuts and pay freezes although the airline has already instigated a series of measures to cut costs after it posted a £80 million loss last year.
Virgin Atlantic to post loss
Media reports, unconfirmed by the airline, have stated that Virgin Atlantic is heading for record losses of as much as £135 million. The loss may results in job cuts and pay freezes although the airline has already instigated a series of measures to cut costs after it posted a £80 million loss last year.